Binance to List Espresso Token on Spot Market Feb. 12

Binance expands Espresso (ESP) integration across multiple trading and earning services, including margin and futures, enhancing accessibility for global users.

USDT
USDC

Summary

Binance announced the listing of Espresso (ESP) on February 12, with integration into multiple services such as Simple Earn, Buy Crypto, Convert, Margin, VIP Loan, and Futures. ESP will be available for ESP/USDT and ESP/USDC margin trading with up to 5x leverage and will offer zero-fee conversions after its spot launch. The listing also includes support for futures trading, aiming to broaden ESP’s utility and liquidity across Binance’s ecosystem.

Terms & Concepts
  • Spot Market: A market where financial instruments, including cryptocurrencies, are traded for immediate delivery.
  • Margin Trading: A method of trading assets using funds borrowed from a broker or exchange, allowing traders to leverage positions.
  • Futures Trading: The buying or selling of standardized contracts to trade an asset at a predetermined price at a specific future date.